How do I use the Dark Pool Indicator (DPI)?
The higher the DPI, the inference is that there are large buyers accumulating stock.
Here’s what we know, based on aggregated S&P 500 data going back to January of 2018:
- When the DPI is >45%, stocks have a positive return over 5, 20 and 60 day time frames
- When the DPI is <30%, stocks have a negative return over the next 20 and 60 day time frames.
SpotGamma Pro subscribers can access SpotGamma's Dark Pool Indicator (DPI) here or through EquityHub here.